Friday could be a blood bath If they don't announce the closing of a fully subscribed raise by Friday am, we could have a blood bath on our hands. I realize they set on or about Sept 14 as the date to close but surely they know the weaknessof the market of Fridays and the precarious state of their stock price. If in fact the raise is fully subscribed they need to get this done on Thursday. If it isn't cosing or they couldn't raise all the money I think we could see the stock price as low as 5 cents by Friday close.
Bash me if you wish but even the City of Toronto must be on pins and needles and wondering how they got into this mess.